A small step today can grow into a lifetime of opportunity.
Future Funds helps families, employers, and donors actually use the new federal child savings accounts — explained clearly, funded confidently, and planned for with real numbers.
A simple starting line for every child.
The account and the federal seed have different eligibility rules. Here is the quick version.
How the account works
Four moments in your child's life — from account opening to adulthood. Scroll through them.
Open the account
Any child under 18 with a Social Security number qualifies. A parent, guardian, or eligible relative opens it — there's no cost, and only one funded account is allowed per child.
Claim the seed
Children born 2025–2028 can receive a one-time $1,000 federal deposit into a low-cost U.S. stock index fund — it isn't automatic, a guardian has to elect it.
Contribute & grow
Family and employers can add up to $5,000/year. Funds stay invested in a fee-capped index fund the whole time — this illustration assumes $100/month.
Turn 18
The account converts into a standard IRA. Your child takes control, with normal IRA rules — taxes, penalties, and Roth conversions — from there.
See what your family's account could grow into
A rough projection, not a promise — real markets don't move in a straight line.
Big things start with small, steady steps
Same 10% long-run assumption as the calculator above — just stretched across a lifetime.
Illustration only, using the account's $1,000 federal seed at birth and a 10% average annual return — not a promise. Real markets don't move in a straight line, and this ignores taxes and fees.
One guide for every role
Pick the guide that matches you.
For Kids
A simple explainer, written for ages 8–13.
Read the guideFor Parents
Eligibility, contributions, taxes, and how it stacks up to a 529.
Read the guideFor Corporations
Employer contribution rules and matching programs.
Read the guideFor Philanthropists
How nonprofits and donors can fund accounts at scale.
Read the guideMomentum since launch
Real, sourced numbers from the program's first weeks — not projections.
BlackRock and BNY Mellon have both pledged to match the federal $1,000 for employees' newborns; Michael Dell and Ray Dalio have made large philanthropic pledges. Sources: CNBC, U.S. Treasury.
Questions people actually ask
A preview of the 20 we've answered in full.
What happens if more than $5,000 gets contributed to the account in one year?
The excess amount is subject to a 6% penalty tax every year it stays in the account, similar to how excess IRA contributions are treated. To avoid the penalty, the extra money generally needs to be withdrawn before the tax filing deadline (including extensions) for that year.
Is there a deadline during the year for contributions, or can I contribute anytime?
Contributions need to be made by December 31 of the given year — unlike a regular IRA, there's no grace period into the following spring to contribute for the prior year. Unused room also doesn't carry over to future years.
What tax forms will I receive for a Trump Account?
Two forms are involved: Form 5498-TA, which reports contributions made to the account, and Form 1099-R, which reports any withdrawals once they start.
Does the account affect financial aid (FAFSA) eligibility for college?
This is still genuinely unsettled. The Department of Education hasn't issued official guidance yet. One view treats the account like a retirement account (IRAs are generally not counted as FAFSA assets), which would be favorable. The other view — favored by some financial-aid experts — is that it could be assessed as a student asset at up to 20% of its value. Experts generally still recommend claiming the free $1,000 regardless, since the potential aid impact is smaller than the value of the free money.
Could having a Trump Account affect eligibility for programs like SNAP, Medicaid, or SSI?
It depends on the program and, in some cases, the state. During the growth period (before 18), the money is locked and inaccessible to the child, which may mean it doesn't count as an “available resource” for some programs. SNAP generally excludes retirement-type accounts from its resource test. Medicaid rules vary by state, and SSI has a strict $2,000 individual resource limit that a converted account could count against once it becomes accessible. No federal agency has issued final guidance, so check with a benefits counselor before assuming either way.
What happens to the account if the child passes away before turning 18?
Death of the beneficiary is one of the very few situations where a withdrawal is allowed during the growth period. The account can be distributed as part of the child's estate.